I’m sorry to say people, a recession is coming, whether we like it or not. You can financially prepare for a recession, but chances are, you doing it wrong. How are you doing this wrong? You are probably doing what everyone else does- keep investing, start eliminating your debt, and Read more…
Everyone wants to save. Some want to save thousands, others, just to save a small amount. There are literally hundreds of ways to save money. Some are common, others are not. This list won’t go through ones you’ve probably heard. Everyone knows ones like shop around for the best deals, Read more…
Benjamin Franklin said “A dollar saved is a dollar earned.” Many have taken that to mean that you should save your money rather than investing it. But should I save or invest my money? Saving your money and investing your money always has some inherent risk. You are never guaranteed Read more…
For many people searching how to invest, they aren’t always looking for a step-by-step method. They’re looking for a philosophy. One of the best (if not the best) investing philosophies is Rule one investing (sometimes stylized as Rule 1 investing). So what makes Rule one investing so effective? What if Read more…
At Finance Friday, we tend to cover things like how to save your money, how to invest your money and how to pay off your debt, but never retirement. It’s great saving up all this money, but how much do you need? How long will it last? And other questions Read more…
If you have ever turned on your TV during the beginning of a recession, or follow the latest financial news, you have probably heard of the phrase ‘undervalued stock’. For many, they have no idea what an undervalued stock even is, or even how to find an undervalued stock! Even Read more…
New year, new me? Right? For many people, getting their finances in order is at the top of their to do list. They’ve made a budget, they’ve started investing, they’ve begun paying their debt off. But bank accounts are seldom remembered when making a solid financial plan. In fact, the Read more…
So you want to make a budget, eh? Making a budget is one of the best things you can do to begin consolidating your finances, and getting them on track! So, how does one go about making a budget, and what even is a budget? A budget is something that Read more…
Recession is one of those words that no one likes to hear. But experts say that we will have a recession in 2020, and here is why they are not wrong this time. Every year since 2016, experts at some of the world’s largest analytical groups, think tanks, or investment Read more…
For many, investing seems nearly unobtainable. But it is not. If there are 15 year old kids doing it- so can you! There a plethora of investing tips on the internet, some compiled by those who have never invested in their life! So I have to cut through the madness Read more…